Does such action align with a companys objective|Managerial Economics
1) The following is a quote from a New York Times article: “If a company makes product donations to the school–computers for instance–then the image of a company goes up as graduate students use the company’s products.” Does such action align with a company’s objective of profit maximization? Discuss.
2) “The growth of consumer information organizations, legal requirements, and warranty requirements has caused significant increases in the cost of customer satisfaction. Thus it is no longer useful to talk about profit maximization as a company objective.” Comment on this quote. Do you agree or disagree, and why? What should be the company’s objective?
